They must be pretty confident of a rate cut (or does it not affect them at all, seeing as they source most of their money from the shadow banking system?) Join discussion...

SHANGHAI (AFP) - China's central bank has more than doubled the amount entrepreneurs and small businesses can borrow as part of efforts to boost employment, officials said. Join discussion...

Survival of the Financial Fittest - August 2008, by Pimco's El Erian Join discussion...

Here we go again - JPMorgan declined 7 percent after saying trading conditions 'have substantially deteriorated'' since July - That was only a few days ago!!! Join discussion...

A 5.9 billion pound ($11.4 billion) write down on risky assets sent Royal Bank of Scotland to a first-half loss of 691 million pounds -- better than feared, but still one of the biggest losses in British history. Join discussion...

Britain's second largest bank expected to reveal it has lost £1 billion in first half!! Join discussion...

We are very pessimistic on Australian banks Join discussion...

This is very helpful in learning about bank balance sheets. Join discussion...

Take a read at this paragraph: " There is an Australian secondary market in mortgages and it, too, has collapsed, but thank goodness the banks and their auditors can ignore that and continue to value their residential loan assets at cost." Join discussion...

The US economist who called the 2000 tech wreck and the US housing market slump, Robert Shiller, says the market is fed by positive and negative feedback loops. Join discussion...